Families and businesses run on information. These short online assessments that can be done in 5 to 20 minutes, can give you real world information on their thinking, concerns, and thoughts for the future. When a family has this information, they can develop plans to engage family members, identify needs for talent development and think seriously about the business and the family's future participation. There is no activity that you can do that can have more impact for your family
Learn More
"4 Experts Weigh In On Innovation As A Business Imperative" by Victoria Harres, YPO
Carlock oversees the newly-launched INSEAD Global Family Enterprise Program 2019, created for YPO members and their families to understand and strengthen family relationships, values and business plans to create a shared purpose and vision.
This article followed Carlock's webinars on Family Business Leaders as Dealers in Hope for The Family Business Network and YPO in May. It shares five behaviors for leading family businesses in a crisis.
An examination of the enhanced Parallel Planning Process (PPP), first introduced by Randel S. Carlock and John Ward in 2001, a proven tool that can help advisors to professionalize the family and business planning process.
6 min read
The Parallel Planning Process for Family Harmony and Business Success
The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This book shows family businesses working together at their best.
A Psychological Perspective
Wiley 2007
The book begins by demonstrating that many years of achievement through generations can be destroyed by the next, if the family fails to address the psychological issues they face. By exploring cases from famous and less well-known family businesses across the world, the authors discuss entrepreneurs, the entrepreneurial family and the lifecycles of the individual and the organisation. They go on to show how companies going through change and transition can avoid the pitfalls that endanger both family and company. The authors then apply tools that will help family businesses in transition and offer their analyses and conclusions.
24 Activities to Plan Your Family and Business Future
Global Family Enterprise Advisors 2018
The reason that many family businesses do not plan for their journey together is that the process is time consuming, dangerous, and complex. Based on more than 20 years of teaching and advising business families around the world, this activity-based field book is designed as a rigorous planning tools. It teaches the professional planning skills required for any business family to become a multi-generational team driven by planning, passion, and purpose.
3 ways A FAMILY BUSINESS ON THE MOON supports the planning and action for the opportunities and challenges of family businesses. It is also clear that the family’s significant role demands the family’s capable and active participation so there needs to be a new approach to helping business families learn to work together more effectively.
1) It provides a shared vocabulary to enable and encourage communication about the family’s values, vision, and family and business planning actions.
2) It teaches the Parallel Planning Process (PPP) to help families align their values, vision, strategy, investment and governance for the benefit of both the family and the business.
3) It supports the family’s and especially, the next generation’s development as leaders and owners.
"Randel is right at the top of his class. Randel has worked with my family through the transition process for the 4th Generation. His distinction between business strategy and family strategy, together with a rigorous development programme for the next generation were a key ingredient to success."
"Randel has a powerful ability to demystify complex family business situations and to frame the issues in a strategic way. He brings this all together with a high degree of thought leadership firmly grounded in the real world. Because of this Randel commands considerable respect globally in his field"
